Buccaneer Energy Limited (OTCMKTS: BCGYF) Announces Dr. Alan Stein as a Non-Executive Director

Buccaneer Energy Limited (OTCMKTS: BCGYF), a company focused on onshore and shallow waters of the Cook Inlet of Alaska and the Gulf of Mexico, as well as onshore Gulf Coast assets that have been left behind or overlooked by other players, announced Thursday, September 5th, that the company has appointed Dr. Alan Stein as a non-executive director of the Company effective immediately.
Dr. Stein, a geologist with over 20 years’ experience in the oil and gas industry, previously held the position of Chief Executive Officer of AIM listed Fusion Oil & Gas which made several discoveries offshore. Dr. Stein was also one of the founders of Ophir Energy plc. where he served as the CEO for nearly 7 years.
Dr. Stein and Buccaneer Energy Limited have entered into an agreement, pending shareholder approval, which is to be sought at the Company’s AGM in late November 2013. The agreement will contribute 10,000,000 shares at an issue price of $0.052 to raise $520,000.
Dr. Stein is very happy to have accepted the position with Buccaneer and believes his knowledge and experience in the international oil and gas industry will be invaluable to the company.
Buccaneer Energy will continue to search for a second new non-executive director.

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